ML Gold Corp.

10:33 AM EST - ML Gold Corp. : Provided an update on the Palmetto Gold Project in Nevada, and the renamed Pinnacle Reef Copper-Gold Project (formerly called the Later) in British Columbia. The phase I drilling program is continuing with 13 drill holes completed to date and another two holes recently added to the program. The primary purpose of the program is to confirm and expand the 3D model being used to calculate a maiden gold resource at Palmetto. ML Gold's team is on-site, logging, preparing and shipping drill samples to Reno, Nevada for initial analysis before being sent to Vancouver, Canada, for the final multi-element analysis. To date ML Gold has received and released assay results for one complete hole of the program, see Company release dated May 4. ML Gold Corp. shares (V.MLG) are trading up $0.005 at $0.19.